Austerity and debt could be a new form of eugenics….very interesting
Comments »Monthly Archives: September 2011
Part of S&P’s Decision on Italy is Lower Growth Due to Austerity
China Halts FX Trading Swaps With European Banks
Main Street More Pessimistic Than Wall Street
Roubini: Greece Should Default and Quit Euro
Roubini feels that Greece is getting ripped off. He must have watched the Documentary Debtocracy.
Comments »U.S. Ambassador To China Requests Trade Barriers to Be Lowered
“China must lower barrier if it wants to achieve it growth goals”…..China must be laughing at this request no ?
Comments »U.S. Treasury Notes Falls Confirming Momentary Strength in Equities
Japanese Bond Yields Get Shoved Into a Murder Hole; Spelling Recession to Come
Japanese bond yields have fallen sharply as of late which some analyst say is a clear sign recession is coming.
Comments »George Papandreou: Productive Phone Calls Continue
Reports of productive phone calls started yesterday and continuing today have held world equity markets up in anticipation Greece will not default shortly.
Comments »Austerity Measures Brings More Strikes to Spain
Madrid saw strikes from teachers protesting over austerity measures. About 43% of all teachers walked out; strike may foreshadow what is to come.
Comments »Crude Oil Trades Higher Overnight and The Euro Pares Losses
Global Markets Trade Higher on Today’s Fed Meeting
Most markets and U.S. futures trade higher on anticipation the fed will bring relief to equities through operation twist.
Some Asian markets pare losses
Europe climbs despite new record debt swaps for Italy
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Gold Rises Slightly on Euro Debt Concerns
Platts Revises Brent Pricing Benchmark
GAMERS CURE AIDS (satire)
Reminder: Italian 10yr on the Rise
Italy 10 yr is at 5.58% and Spanish 10 yr is at 5.35%.
Comments »FLASH: S&P Downgrades Italy
Cut to A, outlook negative.
“The negative outlook reflects Standard & Poor’s view of risks to the Italian government’s fiscal targets over 2011-2014.”
Comments »FLASH: RUN ON A LARGE FRENCH BANK HAS BEGUN
Siemens pulled €500 million and transferred it to the ECB.
Comments »Really Depressing Poor People News About “Expensive” Milk
Greek Theatre: Greece to Exit Eurozone?
According to sources, Papandreou hopes that the outcome of such a vote would constitute a fresh mandate for his Socialist government to continue with an austerity drive backed by Greece’s international lenders — the European Commission, the European Central Bank and the International Monetary Fund.
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